'Jammu And Kashmir Bank' - 27 News Result(s)

Anti-Corruption Bureau (ACB) has registered a case against former chairman of Jammu and Kashmir Bank for allegedly causing loss to the public sector lender while executing a deal with a private insurance company, officials said Tuesday.

The Anti-Corruption Bureau has registered a case against Srinagar's Deputy Mayor Sheikh Imran and officials of the Jammu and Kashmir Bank for alleged illegal appropriation of crores of rupees from the state exchequer, a spokesman said on Saturday.

Former chief minister Mehbooba Mufti on Saturday criticised the decision to treat Jammu and Kashmir Bank as a pubic sector undertaking, saying it "smacks of attempts to fiddle with the basic character of the state's special status".

In a brutal attack in the Kulgam district of south Kashmir on Monday, terrorists killed five policemen and two private guards of Jammu and Kashmir Bank after dragging them out of a cash van. Two days after the killings, the families of the victims are mourning in silence.

After a spate of bank robberies by heavily armed terrorists in Kashmir, the security forces have come up with new security plans to prevent looting of banks, as terrorists are facing a cash crunch following demonetisation.

Jammu and Kashmir Bank on Thursday reported a 12.4 per cent increase in net profit at Rs 117.6 crore for the fiscal third quarter ended in December 2015, despite an increase in provisions for bad loans.

India could be set for more banking acquisitions after a record $2.4-billion takeover last week ended four years of drought, but restrictive rules, reluctant sellers and sometimes difficult unions mean a flurry of deals is unlikely.

'Jammu And Kashmir Bank' - 27 News Result(s)

Anti-Corruption Bureau (ACB) has registered a case against former chairman of Jammu and Kashmir Bank for allegedly causing loss to the public sector lender while executing a deal with a private insurance company, officials said Tuesday.

The Anti-Corruption Bureau has registered a case against Srinagar's Deputy Mayor Sheikh Imran and officials of the Jammu and Kashmir Bank for alleged illegal appropriation of crores of rupees from the state exchequer, a spokesman said on Saturday.

Former chief minister Mehbooba Mufti on Saturday criticised the decision to treat Jammu and Kashmir Bank as a pubic sector undertaking, saying it "smacks of attempts to fiddle with the basic character of the state's special status".

In a brutal attack in the Kulgam district of south Kashmir on Monday, terrorists killed five policemen and two private guards of Jammu and Kashmir Bank after dragging them out of a cash van. Two days after the killings, the families of the victims are mourning in silence.

After a spate of bank robberies by heavily armed terrorists in Kashmir, the security forces have come up with new security plans to prevent looting of banks, as terrorists are facing a cash crunch following demonetisation.

Jammu and Kashmir Bank on Thursday reported a 12.4 per cent increase in net profit at Rs 117.6 crore for the fiscal third quarter ended in December 2015, despite an increase in provisions for bad loans.

India could be set for more banking acquisitions after a record $2.4-billion takeover last week ended four years of drought, but restrictive rules, reluctant sellers and sometimes difficult unions mean a flurry of deals is unlikely.